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Dec 27, 2012
12/12
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we may still hear from mitch mcconnell. see if we can get a hint of his expectations for the possibility of any deal, and we'll come back with a community as well. stick arns. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and cal
we may still hear from mitch mcconnell. see if we can get a hint of his expectations for the possibility of any deal, and we'll come back with a community as well. stick arns. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means...
200
200
Dec 31, 2012
12/12
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even mitch mcconnell says we are very, very close. so the markets have moved up on that hope we will get a done deal and avert the fiscal cliff. >>> positioning portfolios for the new year, i can majs is tricky right now. there's a lot of mess going on in d.c. we're going to help. we're going to give you the single best play for 2013. >>> and also next, two congressman, one democrat one republican. they're going to talk to us about the fiscal cliff. are they happy or sad? and can they rise above to get a deal done? "closing bell" will be back after this break. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focu
even mitch mcconnell says we are very, very close. so the markets have moved up on that hope we will get a done deal and avert the fiscal cliff. >>> positioning portfolios for the new year, i can majs is tricky right now. there's a lot of mess going on in d.c. we're going to help. we're going to give you the single best play for 2013. >>> and also next, two congressman, one democrat one republican. they're going to talk to us about the fiscal cliff. are they happy or sad? and...
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Dec 31, 2012
12/12
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we've heard the same from mitch mcconnell. then the president threw in this monkey wrench this afternoon. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone without asking also equivalent sacrifice from millionaires or companies with a lot of lobbyists, et cetera, if they think that's going to be the formula for how to solve this thing, they've got another thing coming. >> let's get some reaction now with senate john barrasso. have asked vice president biden to come to capitol hill to sell the deal to democratic lawmakers. what do you make of that headline? >> i know the republicans are going to meet at 4:30 this afternoon. all the republicans in the senate to go over the proposal. it sounds like the democrats are as well. but the democrats have been very divided over the level for raising taxes, over how to tax small businesses which are the job makers in this country, as well as the death tax which hits so many small businesses and farms and ranches and job creators. so the de
we've heard the same from mitch mcconnell. then the president threw in this monkey wrench this afternoon. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone without asking also equivalent sacrifice from millionaires or companies with a lot of lobbyists, et cetera, if they think that's going to be the formula for how to solve this thing, they've got another thing coming. >> let's get some reaction now with senate john barrasso. have...
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Dec 27, 2012
12/12
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CNBC
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eye 141
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. >> senate republican leader mitch mcconnell adding his voice to a day that has seen a number of people talking, including that man, harry reid, the majority leader of the senate. we've been getting mixed signals. the biggest signal we got was regarding the house which is coming back to -- reconvening sunday night, and that brought the market back in a big way, but now we're hearing from mitch mcconnell and let's bring in eamon javers there on capitol hill, i mean, the rumor had been, a lot of traders talking here, eamon, that maybe there's a dell brewing between the president and the senate. that doesn't sound like anything is going on right now according to rich mcconnell. >> what we got was a facebook post from scott brown who said he was come back to washington and jumping on an airplane to review some new proposal from the president that they expected to get. the whole afternoon has been spent by reporters trying -- trying to figure out what was going on. now harry vaed responding to mcconnell so let's right to it. >> he's upset because, quote, the phone never rang. he complains i'
. >> senate republican leader mitch mcconnell adding his voice to a day that has seen a number of people talking, including that man, harry reid, the majority leader of the senate. we've been getting mixed signals. the biggest signal we got was regarding the house which is coming back to -- reconvening sunday night, and that brought the market back in a big way, but now we're hearing from mitch mcconnell and let's bring in eamon javers there on capitol hill, i mean, the rumor had been, a...
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Dec 28, 2012
12/12
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it is very clear that boehner and mitch mcconnell have made clear, if the president wants a dollar of debt ceiling increase, we need to cut spending a dollar, and that goes for $1 trillion because the president is going to want a trillion dollar debt ceiling increase because of the debt he's running up. that kind of spending restraint is exactly the kind of thing we need to do in the future for any debt ceiling increase period. >> okay. and as you see there, bob corker will join "the squawk pox" gang on monday morning. grover, always good to see you, thank you. >> thank you very much. >> president obama, congressional leaders meeting at the white house to avoid the fiscal cliff. we'll bring you the latest developments on that any minute now. >> also, we'll check up on health care, one of the year's best performing sectors. we'll find out if it's going to run out of steam in the new year and name some names for you coming up. >> and later on, big sky, big jump in estate taxes if congress fails to reach a deal on the cliff. we'll talk to a montana rancher who is pretty upset. coming up,
it is very clear that boehner and mitch mcconnell have made clear, if the president wants a dollar of debt ceiling increase, we need to cut spending a dollar, and that goes for $1 trillion because the president is going to want a trillion dollar debt ceiling increase because of the debt he's running up. that kind of spending restraint is exactly the kind of thing we need to do in the future for any debt ceiling increase period. >> okay. and as you see there, bob corker will join "the...
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143
Dec 31, 2012
12/12
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FBC
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as a result there was that late phone call asking mitch mcconnell told of. we just heard him on the floor saying that they are going to -- that they were going to wait on that piece and tried to get the tax be stunned. i do have a couple more details of want to share with you that are important. the tax extenders. very important to the business community. i have from an official who was involved in these negotiations learn that the framework would, in fact, extend the research and development tax credit. very important to tech companies and to other companies that do a lot of r&b, extending for one more year. also the provision for special depreciation. 50 percent bonus depreciation would be extended for another year. the president at an event at the white house with working-class middle-class families, urging them to keep up the pressure on the members of congress to get to sequester finish line. >> as the president just said, we are very close to an agreement. we need to protect american families and job creators from this looming tax act. everyone agrees
as a result there was that late phone call asking mitch mcconnell told of. we just heard him on the floor saying that they are going to -- that they were going to wait on that piece and tried to get the tax be stunned. i do have a couple more details of want to share with you that are important. the tax extenders. very important to the business community. i have from an official who was involved in these negotiations learn that the framework would, in fact, extend the research and development...
109
109
Dec 28, 2012
12/12
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you have harry reid, mitch mcconnell arriving at the white house, should have house leadership shortly to begin a meeting, a last ditch effort to try to help the economy avoid the fiscal cliff, or at least pieces of it, and, yes, the buzz around washington is a possible path forward that aids describe as preventing tax increase for income amounts of $400,000 or $500,000 or so, extend unemployment insurance, but, still, nothing has been agreed to. all in washington are waiting to see how this meeting goes. it's just about to start here in dc. meanwhile, on capital hill, the fighting continues, and in some corners, a sense of pessimism. >> if we don't have a deal within the next 24 hours, the question is where do you buy a parachute? we'll be going over the cliff because the closer we get to the end, the less likely it is you can compress an agreement into place that will have enough votes to pass. >> this is basically it. the first time in weeks the top democrat, the top republican from the house and senate have gotten together here at the white house with the president and vice preside
you have harry reid, mitch mcconnell arriving at the white house, should have house leadership shortly to begin a meeting, a last ditch effort to try to help the economy avoid the fiscal cliff, or at least pieces of it, and, yes, the buzz around washington is a possible path forward that aids describe as preventing tax increase for income amounts of $400,000 or $500,000 or so, extend unemployment insurance, but, still, nothing has been agreed to. all in washington are waiting to see how this...